This property could be a profitable Mid-Term investment with a projected 13.06% first-year return on $92,046 initial cash invested.
13.06%
Cash On Cash
10.47%
Cap Rate
1.64
DSCR
$5,054
Rent
$1,002
Cashflow
Cash Flow
$5,054 income − $4,052 expenses = $1,002 cash flow
Investment Breakdown
|
Purchase Price
$353k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,046
Downpayment
20%
$70,520
Closing costs
1%
$3,526
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,054
Total Expenses
$4,052
Mortgage P&I
37%
$1,872
Property Taxes
7%
$340
Home Insurance
2%
$122
HOA
0%
$0
Property Management
12%
$606
CapEx
4%
$202
Vacancy
3%
$152
Maintenance
4%
$202
Other
11%
$556